Michelle Zatlyn - 15 Feb 2026 Form 4 Insider Report for Cloudflare, Inc. (NET)

Signature
/s/ Chad Skinner, by power of attorney
Issuer symbol
NET
Transactions as of
15 Feb 2026
Net transactions value
-$3,936,585
Form type
4
Filing time
18 Feb 2026, 19:30:13 UTC
Previous filing
10 Feb 2026
Next filing
23 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Zatlyn Michelle President and Board Co-Chair, Director C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO /s/ Chad Skinner, by power of attorney 18 Feb 2026 0001786951

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NET Class A Common Stock Tax liability $3,936,585 -20,100 -4.7% $195.85 406,811 15 Feb 2026 Direct F1, F2
holding NET Class A Common Stock 43,953 15 Feb 2026 See footnote F3
holding NET Class A Common Stock 19,615 15 Feb 2026 See footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of performance-based restricted stock units ("PSUs") or restricted stock units ("RSUs"), as applicable.
F2 The 19,398 shares issuable upon vesting and settlement of the PSUs and RSUs were re-registered and are now held directly by The Sutherland/Zatlyn Revocable Trust dated November 17, 2016, for which the reporting person serves as co-trustee (the "Revocable Trust").
F3 The shares are held of record by the Revocable Trust.
F4 The shares are held of record by The SZ 2021 Irrevocable Trust dated November 6, 2021, for which the reporting person serves as the appointer.